Amendment to Employment Agreement Between EnerSys Delaware Inc. and Richard W. Zuidema (June 19, 2006)
EnerSys Delaware Inc. and Richard W. Zuidema have agreed to amend Zuidema's employment agreement, originally dated November 9, 2000. Effective April 1, 2006, Zuidema's salary as Executive Vice President Administration is increased to $363,000. All other terms of the original employment agreement remain unchanged.
EXHIBIT 10.3
[ENERSYS LETTERHEAD]
JOHN D. CRAIG
Chairman, President & CEO
June 19, 2006
Mr. Richard W. Zuidema
Dear Richard:
With reference to your employment agreement (the "Employment Agreement") with EnerSys Delaware Inc., f/k/a Yuasa, Inc., (the "Company"), dated November 9, 2000, pursuant to which you are currently employed as Executive Vice President Administration of the Company, we confirm that your salary as set forth in Section 3 of the Employment Agreement is increased to $363,000.00, effective as of April 1, 2006.
Except as expressly set forth in the letter, the Employment Agreement shall remain in full force and effect.
ENERSYS DELAWARE INC.
By: /s/ John D. Craig
John D. Craig
Chairman, President & Chief Executive Officer
JDC:jls